Philippines: Fastest growing economy in Southeast Asia
The Philippines is projected to be the fastest growing economy in Southeast Asia and second fastest in the world according to the latest World Economic Outlook released by the International Monetary Fund (IMF).
The latest growth forecast for the Philippines is the fastest among members of the ASEAN and the second fastest in the world next to India’s 7.4 percent growth for this year and 7.8 percent for next year.
“We believe the Philippine economy will continue to grow strongly, driven by solid domestic demand and public investment,” Yang said.
Read more at The Philippine Star.
Related news
- Cebu’s total office supply to exceed one million sq m · 3 Apr
- BPOs need cyber attacks response team – Indian Chamber · 3 Apr
Disclosure: Outsource Accelerator uses AI tools in the backend of its editorial workflow. Every article is reviewed and verified by a human editor before publication.
Stay ahead of the outsourcing industry. Join thousands of business leaders who rely on Outsource Accelerator for the news, trends, and expert insights that matter. Subscribe to our free newsletter and never miss an update.
